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Maryland marijuana operators prep for launch of $2 billion adult-use market

Cannabis industry executives and other stakeholders have high expectations regarding Maryland’s launch of adult-use marijuana sales, which kick…

News June 28
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Alleged leader of $13 million illegal marijuana ring claims federal protection

An attorney for the alleged mastermind of an illegal interstate marijuana operation based in Maine claimed that a…

News June 27
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Alabama judge extends deadline for medical cannabis license appeals

Applicants denied an Alabama medical cannabis business license have until July to appeal, thanks to a judge's ruling.

News June 26
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Oklahoma medical marijuana supply far exceeds demand, report says

Supply in Oklahoma’s medical marijuana market is at least 32 times higher than patient demand, helping fuel underground…

News June 26
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Marijuana MSO Ayr Wellness to defer paying $69 million in debt obligations

Multistate marijuana company Ayr Wellness has reached agreements to defer by two years principal or amortization payments on…

News June 26
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Canadian panel urges bigger role for First Nations in cannabis industry

A Canadian Senate committee is urging the federal government to revise the county’s adult-use cannabis law to give…

News June 26
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Metrc renews cannabis track-and-trace contract with Ohio

Cannabis software company Metrc renewed its contract with the state of Ohio to provide seed-to-sale tracking services for…

News June 23
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Marijuana company Tilray closes Hexo acquisition, eyes cost savings

Cannabis and beverage alcohol company Tilray Brands has closed its acquisition of Canadian cannabis producer Hexo Corp., creating…

News June 23
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Less than 25% of US cannabis operators profitable, study finds

Only 24.4% of businesses in the U.S. cannabis sector report they are profitable, according to a new report…

News June 23
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Marijuana producer Canopy reports CA$3.3 billion annual loss

Cannabis producer Canopy Growth reported a net loss of 3.3 billion Canadian dollars ($2.5 billion) for its fiscal…

News June 23
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